Daimler Builds Battery Factory in Beijing For EV Production
www.chinatrucks.com: Daimler is constructing a battery factory in Beijing that will produce batteries for the local production of electric vehicles.
The production of the batteries at the factory is essential for meeting demands of producing electric vehicles flexibly and efficiently, according to the automaker. The factory is a project of Beijing Benz Automotive Co., Ltd. (BBAC), the Sino-German production joint venture between Daimler and BAIC Motor.
Daimler and BAIC will jointly invest over $7 billion in the production of battery-electric vehicles under the Mercedes-Benz brand and in battery localization at the site. This includes an investment for the battery production by the joint venture. Local production of battery-powered vehicles is scheduled to start by 2020.
The battery factory will be part of the global battery production network of Mercedes-Benz Cars, in which Daimler invests over $1 billion dollars.
The cells for the new plant’s batteries will be from China.
- Daimler Unveils Two Heavy-duty Electric Trucks in Race with Tesla 2018-06-08
- Daimler Brings New Garbage Truck to North America Market 2018-04-27
- Daimler Takes the Latest Trucks Actros and Arocs to Middle East and Africa 2018-03-09
- Daimler India Starts Production of Mini Truck for Exports 2018-02-28
- Geely Likely to Purchase a Below 3% Stake in Daimler 2018-02-07
- Daimler India Posted 28% growth in 2017 with 16717 units 2018-02-06
- Daimler to End the Full Year with Unit Sales in the Magnitude of 465,000 Trucks 2018-01-02
- Daimler Adapts as Mexico's Demand for Cabover Engine Truck Growing 2017-12-08
- Daimler Brings Two New Cabover Tractors to Mexican Market 2017-11-22
- Daimler Presents Its Mercedes-Benz Urban eTruck Before Tesla's Truck Event 2017-11-15
Submit Your Requirements, We Are Always At Your Service.
- Next Generation of Hino 500 Series to Arrive in Australia
- Foton Motor Involved in Cave Rescue Mission in Chiang Rai, Thailand
- 60.218 Billion! XCMG Ranks the First among “China’s 500 Most Valuable Brands
- JMC Looks to Boost Aussie Dealer Network
- India’s First Lithium-ion Battery Project Set to Get Underway
- Volvo Group Upbeat on Chinese Market
- XCMG Turkey Co., Ltd. and Spare Parts Center Opened in Ankara
- XCMG E-commerce Platforms Revolutionize the Supply Chain and Industrial Ecology
- Shacman Initial Sales in Jamaica Outperform Expectations
- Volvo Pushes Forward With Electric Trucks
- SAIC Hongyan Sold Over 40,000 Units Trucks from January to July
- Jiefang Heavy-duty Truck Sales Volume Reached 165,000 Units in H1 2018
- China's Commercial Vehicle Sales Reached 399,500 Units in June
- Truck Sales Exceeds Two Million Units in H1 2018
- JAC Hit Record High of 110,000 Units in Light-duty Truck Sales in H1,2018
- FAW Jiefang’s Medium-and Heavy-duty Truck Enjoys 20.9% YOY Growth in June
- Best-Selling Pickup Trucks in China--May 2018
- SAIC Hongyan Sold 559,800 Units Heavy-duty Trucks in January-May
- China Truck Makers Saw Strong Sales in May
- China Sold 162,414 Units Light Trucks in November